Binance has recently introduced a community co-governance mechanism that allows users to vote for listing or delisting tokens on the platform. This system aims to enhance transparency and user involvement in the token selection process.
"Vote to List" Mechanism:
Users can vote for projects they wish to see listed on Binance. Tokens that receive the most votes and successfully pass Binance’s verification process will be added to the platform. To participate, users must hold at least 0.01 BNB in their main account during the voting period.
"Vote to Delist" Mechanism:
This mechanism allows users to vote for the removal of tokens placed in the "monitoring zone." The affected projects are those that fail to provide regular updates, have inactive development teams, or pose risks to users. Tokens receiving the most votes for delisting will be removed from the platform after a thorough evaluation.
These initiatives give the community direct influence over the tokens available on Binance, thereby strengthening engagement and transparency within the platform's ecosystem.
